The Hoffmann Family Acquires Sunmaster of Naples
Osprey Capital LLC, a private family office founded by David H. Hoffmann, has acquired Sunmaster of Naples, Inc, southwest Florida's largest designer and manufacturer of custom awnings and storm and security protection products.
- Naples-Marco Island, FL (1888PressRelease) February 06, 2018 - The Hoffmann Family announced today that it has purchased Sunmaster of Naples, Florida. Sunmaster, designers and manufacturers of custom canvas awnings as well as storm and security protection, is the largest company of its kind in Southwest Florida. Founded in 1969, Sunmaster is also a national manufacturer and distributor of the Titan Screen, a motorized retractable screen designed to be the most durable in the industry.
“Sunmaster has been making excellent, award-winning products for nearly 50 years, and we want that to continue,” said David Hoffmann, Principal and Founder of Osprey Capital, LLC, the family office of the Hoffmanns. “This acquisition presents an opportunity to maximize value for Sunmaster customers and extend our family’s mission to invest in solid and proven business models in the Naples community.”
John Wilkinson, President of Sunmaster of Naples, Inc. added, “We are thrilled that the Hoffmanns will be our financial backers and partners, and delighted to be part of such a large enterprise which will enable us to grow the company locally and nationally.”
The Hoffmanns’ real estate company, Hoffmann Commercial Real Estate, is the largest owner of commercial property in Naples, investing in more than twenty properties valued at nearly $300 million. The holdings are primarily concentrated in the prestigious South Naples retail district.
In addition to investing in real estate and business enterprises, David Hoffmann and his wife Jerri are passionate about helping those in need and have done so through their involvement in several charitable organizations, including serving as trustees of the Naples Children & Education Foundation. David is also Director at Artis - Naples, and Jerri sits on the Board of Directors of the 5th Avenue South Business Improvement District, Inc. (BID).
“We will continue to invest in a variety of businesses and buildings in Naples, Florida,” added Hoffmann. “We think Naples is one of the greatest places on the planet and feel fortunate to live and invest here.”
About Osprey Capital, LLC
Osprey Capital, LLC, formed by David H. Hoffmann, is a private family office consisting of internationally recognized businesses owned solely by the Hoffmann family. Osprey is one of the largest private family offices in the world, with diversified assets in executive search, real estate, oil distribution, insurance, manufacturing, public market investment, aviation and wine-making. Through its operating businesses, Osprey has a presence in 27 countries with 100+ locations spanning the globe. Learn more at Osprey Capital.
About Sunmaster of Naples, Inc.
Whether it’s protection from Mother Nature or the creation of an ornamental metal masterpiece, Sunmaster, an international award-winning company, has been serving Southwest Florida for nearly 50 years. From custom canvas awnings and carports, to artistic interpretations in stainless steel, to storm and security protection, Sunmaster strives to furnish and install the best ornamental metal, canvas, and storm products in the industry. Learn more at Sunmaster of Naples.
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